McKinsey & Company – Global Economics Intelligence, Jul 2025

The main topic of the report concerns the global economic situation, with a focus on the revision of global GDP growth forecasts by the International Monetary Fund (IMF).

Key findings include: The IMF has raised global GDP growth forecasts to 3.0% for 2025 and 3.1% for 2026. Despite improved forecasts, trade tensions continue to negatively impact the global economy. Global inflation is expected to decline, although inflation in the US will remain above target. The IMF emphasizes the need to reduce uncertainty in trade policy and address fiscal vulnerabilities.